With the price of Bitcoin dropping below $600, I made a decision to sell most of my NXT assets.
Bitcoin Mining Reward
The Bitcoin Mining Reward is due to be cut in half in less than a month. I think Bitcoin will find a new trading range. My guess is the price will be lower than it is currently, therefore I should be able to repurchase NXT at a lower price in the future.
I also have some Counterparty assets in which I'm thinking about selling. Would you sell these assets now? Leave your comments in the reply section.
Disclaimer: This is not investment advice. Please perform your own due diligence.
But if you sold all your NXT now you can miss FXT Tokens distribution - check the roadmap for details:
So everyone interested in NXT project would be better off to get the desired amount of NXT by July, 1st, 2016
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Update on Ardor-NXT 2.0 timeframe:
Snapshots will start be taken on an hourly basis, starting on July 14th to October 12th. Then, your total NXT will be averaged, and you'll receive that amount in Ardor tokens on October 12th, which will be freely tradeable up until the Ardor system launches.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
the problem I see in NXT is that literally everything was started and not finished. millions fwent to tokenised projects...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
What kind of projects are you referring to.
NXT itself or 3:rd party (assets)?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
jl777 projects
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
No, I didn't factor this into my decision. Let me investigate. Thanks for pointing this out.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
yeah, I sold my nxt (and assets) to move in ethereum when it was at like $1. worth it, NXT's time is over and they did not deliver in my opinion.
anyways I moved out of Ethereum as well, hardfork is gonna implode that thing I guess.
I hate trading like this, since I'm a HODLer, but welp, that's crypto
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I sold my NXT earlier. Now I begin to buy in again. NXT was true inspiration for many alts which now have much bigger marketcap. With new road map and fairly big users base I think NXT will be big again, even bigger than before. This was first innovative POS coin and POS is the future. Anyone in this space should hold some NXT at least 1 percent of portfolio.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
XCP is up
This's the moment we've been waiting for :-)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Why is XCP rising so quickly?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Partly due to some news according EVM porting to XCP (see below) and partly because of continuing Ethereum troubles
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
As for the CounterParty, if you mean $XCP, I would not sell it right now - I am waiting for a pump to sell them around 0.0035- 0.004 BTC. Hopefully the devs make some announcement concerning progress with smart contracts on CounterParty platform :-)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
that's in limbo I guess. they plan to add ethereum smartcontracs and they're not working as we all learned.
correct me if I'm wrong please :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Actually both of them are working, ie XCP devs and smart contracts :-)
I think XCP devs add some security features to EVM so let's wait for the words they say
After all, it's only a reason for some XCP up move, no matter how it will work ;-)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yes, I was referring to XCP.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
NXT still ranks up there as an interesting crypto project IMO, and i like to keep a relatively diversified portfolio of interesting crypto projects. However, i agree that not too much interesting has come out of that group lately, but that could just be my perception as a relatively uninformed outsider. Whenever my relative opinions of the crypto projects changes, i shift the weights in my portfolio and generally keep them above zero unless i completely become disillusioned.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I don't mean to rub it in or anything, but your timing was terrible.
NXT has almoust doubled in price compared to BTC in the last 3 days (since you wrote this article).
It is currently trading around 3k satoshis on polo.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yes, I sold a bit too early.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Nice blog. Good to see I'm not the only one that is thinking about this. The biggest group of uneducated investors in mankind get's a shot to determine the price of a crypto. It's an interesting world we live in. I really advice people to take a look at: https://www.coincheckup.com This site did all the research for you. It's truly amazing.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit